Standard Chartered Bank appoints former JPMorgan Blockchain Division Head to lead Payments Business

BlockBeats News, March 4 — According to Bloomberg, Standard Chartered has appointed a former global co-head of JPMorgan’s blockchain division to lead its global payments business, continuing to modernize its cash management system.

Naveen Mallela recently stepped down as head of JPMorgan’s Kinexys business last month. In a statement on Wednesday, Standard Chartered said he will officially join on May 4th as the Head of Global Payments.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

UBS, Sygnum and PostFinance Join Swiss Franc Stablecoin Sandbox Through 2026

Swiss financial institutions, including UBS and PostFinance, are testing a Swiss franc stablecoin in a controlled sandbox until 2026 to explore blockchain payment systems. The initiative aims to develop a digital money ecosystem while mitigating risks and ensuring compliance.

CryptoNewsFlash50m ago

SBI Ripple Asia Completes XRPL Token Issuance Platform for Business Integrations

SBI Ripple Asia has developed a token issuance platform on the XRP Ledger, allowing businesses to integrate token management via API without overhauling customer interfaces. This approach encourages blockchain adoption by blending seamlessly with existing infrastructure.

CryptoNewsFlash54m ago

Electricity Is Now Tokenized on XRP Ledger With $861 Million In Live Value

_XRP Ledger now hosts $861M in tokenized electricity via JMWH, tracking real energy use on-chain with full transparency._ The XRP Ledger continues to expand beyond payments. A new use case now tracks real electricity consumption on-chain, highlighting a live market tied to energy assets.  The

LiveBTCNews6h ago

A Trump family crypto project, WLFI, borrows $31.4 million via Dolomite, and controversy has been sparked by overlapping adviser roles

A crypto project founded by the Trump family, WLFI, has drawn market attention to liquidity risk and alleged insider connections through lending facilitated by Dolomite. WLFI pledges stablecoins USD1 and platform tokens, borrows $31.4 million, and moves it to a CEX that is suspected to be used for exchanging it into fiat currency. WLFI has a high concentration level and also carries liquidation risk. On-chain data shows that WLFI has recently transferred a large amount of tokens, with the destination unclear, and has not yet responded regarding the transactions.

GateNews7h ago

Circle launches a CPN hosted payments product, allowing financial institutions to operate on its payment network

Circle’s official announcement: it is launching CPN managed payments, enabling banks and fintech companies to conduct fiat and stablecoin transactions on the Circle Payments Network without having to manage digital assets or compliance requirements themselves. This will accelerate the adoption by global financial institutions and expand Circle’s product lineup.

GateNews7h ago
Comment
0/400
No comments